New Delhi, Nov. 28 -- The initial public offering (IPO) of Exato Technologies opened for subscription on Friday, November 28. The BSE SME IPO is a combination of a fresh issue of 22,75,000 shares and an offer for sale (OFS) of 4,00,000 shares.

The issue is witnessing strong buying interest, as by noon on the first day of subscription, it had been fully subscribed.

Meanwhile, the company has raised Rs.10.65 crore from anchor investors as it allotted 7,61,000 shares to anchor investors at a price of Rs.140 per share.

By 1:10 PM on Friday, the issue had seen an overall subscription of 23.74 times, with the retail portion booked 36.91 times, and the segment reserved for NIIs subscribed to 24.41 times. QIB's portion had not seen any subscri...